SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc.
DELL 142.68-2.7%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul van Wijk who wrote (42397)5/15/1998 5:20:00 PM
From: Olu Emuleomo  Read Replies (1) of 176387
 

I WOULD STRONGLY RECOMMEND EVERYBODY TO SELL NOW.
THERE IS NO WAY SHARE-PRICES WILL STAY AT CURRENT
LEVEL.
THERE IS NO WAY THE PROBLEM IS OVER JAN. 2000.

THE REALITY IS FAR WORSE THAN YOU CAN IMAGINE.

PLEASE, PLEASE, PLEASE WATCH OUT.
BY SELLING NOW YOU ARE ONLY MISSING A PART OF THE
RALLY. LOSSES WILL BE HUGH!!!!!!!


Paul,

I think you are a bit too alarmist! I am in IT too, for the past 15years and I am currently involved in applying Y2k fixes to 'old' C and even C++ code.
Yes, the problem is big but you vastly exaggerate.
Dont forget that some IS depts are just junking old code and going with new software from Peoplesoft, Baan, SAP etc..
Also, an increasing number of companies are treating this problem as mission critical. So I guess most US companies will be ready by 2000. Dont get me wrong. It is a big problem (Keane is my biggest position now!), but not catastrophic as you suggest.

--Olu E.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext